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BigBear.ai Holdings, Inc.

BBAI

$2.23 ▼ -0.34 (-13.26%) at close

8 Visible periods

31 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

BigBear.ai Holdings, Inc. faces fundamental challenges with weakness in Return on Common Equity (%) and Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $800.1M

Dividend Yield —

Revenue Growth -19.3% ↘

Op. Margin -167.5% ↘

ROIC -27.7% ↗

FCF / Share $-0.12 ↗

Trailing P/E —

Price / Book 1.6x

FCF Yield —

Debt / Equity 0.17

info Valuation on last close. End-of-day price, Nov 5, 2026.

8-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$127.67M

↓ -19.3% —

Net Income Profit after all expenses

$-293.91M

↑ +0.6% —

Operating Margin Operating profit as % of sales

-167.5%

↓ -98.7% 1th

FCF / Share Free cash flow per share

$-0.12

↑ +28.4% —

Long-Term Debt Long-term obligations

$107.04M

↓ -21.4% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns

Financial Health ↓

Cash Quality ↓

Financial view

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue Growth YoY (%)	-19.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-261%)	2.0% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-84%)	0.1% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-99%)	6.5% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-46%)	—	—	—	—
EPS Growth YoY (%)	35.4% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-170.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	50.5% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	17.4% Good Good Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—
Net Income Growth YoY (%)	0.6% Caution ↑ Caution Improving Year-over-year change in net income	-318.3% Weak ↓ Weak Declining Year-over-year change in net income	41.9% Excellent Excellent Year-over-year change in net income	1.5% Caution Caution Year-over-year change in net income	—	—	—	—
FCF Growth YoY (%)	28.4% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-34.7% Weak ↓ Weak Declining Year-over-year change in free cash flow	68.5% Excellent Excellent Year-over-year change in free cash flow	-103.8% Weak Weak Year-over-year change in free cash flow	—	—	—	—
Revenue CAGR 3Y (%)	-6.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	2.8% Caution Caution Compound annual revenue growth over 3 years	—	28.2% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	—	16.5% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Operating Margin (%) (%)	-167.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-938%)	-84.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-522%)	-25.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-226%)	-71.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-457%)	-53.9% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-370%)	—	8.7% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-57%)	—
Effective Tax Rate (%) (%)	6.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.9% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	0.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-230.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1635%)	-186.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1345%)	-45.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-404%)	-78.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-623%)	-84.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-666%)	—	8.5% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-43%)	—
FCF Margin (%) (%)	-33.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-24.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-11.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-32.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-14.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	5.6% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.14x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.13x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.26x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.41x Weak → Weak Stable Free cash flow relative to reported net income Optimal: > 1x	0.17x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	0.66x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Return on Invested Capital (%)	-27.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-100.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-26.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-69.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-25.0% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	54.6% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-23.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-38.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-19.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-56.6% Weak Weak Operating profit relative to total assets Optimal: > 10%	-20.5% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—	—
Return on Common Equity (%) (%)	-48.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-360%)	—	—	—	-101.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-646%)	—	53.5% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+189%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Debt to Equity (x)	0.17x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-61%)	-36.68x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-8251%)	-12.41x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-2857%)	-5.13x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-1241%)	1.59x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+253%)	14.72x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+3170%)	—	—
Interest Coverage (x)	-11.81x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-5.20x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-1.57x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-7.66x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-10.11x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	50.25x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$19.92M	$86.08M	$125.20M	$181.75M	$125.70M	$97.29M	—	—
Debt / EBITDA (x)	-0.50x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.03x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-4.08x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.77x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-2.49x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue per Share (USD)	$0.36	$0.68	$1.04	$1.21	$1.36	—	—	—
Basic EPS, GAAP (USD)	$-0.82	$-1.27	$-0.47	$-0.95	$-1.15	—	—	—
Free Cash Flow per Share (USD)	$-0.12	$-0.17	$-0.12	$-0.39	$-0.19	—	—	—
Book Value per Share (USD)	$1.40	$-0.01	$-0.08	$-0.30	$0.90	—	—	—
Tangible Book Value per Share (USD)	$0.53	$-0.96	$-0.92	$-1.36	$-0.39	—	—	—
Basic Weighted Avg Shares (shares)	358.80M	233.60M	149.23M	127.70M	107.01M	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Working Capital (USD)	$145.02M	$-109.21M	$8.07M	$18.57M	$136.16M	$22.29M	—	—
LT Debt (USD)	$107.04M	$136.22M	$157.38M	$194.38M	$194.60M	$106.99M	—	—
Total Equity (USD)	$611.87M	$-3.71M	$-12.69M	$-37.87M	$122.37M	$7.27M	$11.68M	$6.16M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Sales/Revenue/Turnover (USD)	$127.67M	$158.24M	$155.16M	$155.01M	$145.58M	—	$73.63M	—
Depreciation Expense (USD)	$534.00K	$540.00K	$428.00K	$497.00K	$410.00K	—	$50.00K	—
Net Income, GAAP (USD)	$-293.91M	$-295.55M	$-70.66M	$-121.67M	$-123.55M	—	$6.25M	—
Operating Cash Flow (USD)	$-41.95M	$-38.12M	$-18.31M	$-48.92M	$-19.78M	—	$4.12M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 8 years · 26 quarters

BigBear.ai Holdings, Inc.

Analytical Summary

8-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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